Oxford Investments Holdings Inc.
OTC Bulletin Board : OXIHF

Oxford Investments Holdings Inc.
Ko Ho Group of Hong Kong

December 18, 2006 10:37 ET

Oxford Investments Holdings Announces a Joint Venture with Ko Ho Group of Hong Kong

TORONTO, ONTARIO--(CCNMatthews - Dec. 18, 2006) - Oxford Investments Holdings Inc. (OTCBB:OXIHF) is pleased to announce that it has entered into a joint venture with the Ko Ho Group of Hong Kong to expand its market for the FocusKard suite of payment solutions into China and Southeast Asia. The Ko Ho Group is an investment and management company, specializing in company merger and acquisition, management and marketing services in Asia Pacific with a focus in Hong Kong and China.

The President of Ko Ho Group, Mr Benny Lee, is well known in the Asian payments industry for his expertise in both credit card and electronic payment systems. Mr. Lee was responsible for establishing the MasterCard brand in the Asian region and has served as a Director of Operations in the Asia-Pacific region for American Express, and as the President of Western Union Financial Services Asia region, where he helped expand the company's services into China, with the China Post Office, and other Asian countries.

While working as a senior executive for MasterCard, Mr. Lee assisted many financial institutions in the Asia-Pacific region in developing their operations, including working on the first credit card in China, the famous "Great Wall" MasterCard issued by the Bank of China. Subsequently as President of MBf Card International, Mr.Lee set up card centers in HK, PNG, Fiji, Vietnam and Myanmar and local joint ventures in Taiwan, Thailand and other S.E. Asian countries.

In the electronic payment area, Mr. Lee co-founded Interpay International Group Ltd, a shareholder and management company of iSynergy Card (a member of MasterCard International) the largest loyalty card issuer in Malaysia. Mr. Lee was also President of Asia Payment Systems Inc. where he set up a wholly-owned foreign enterprise in Shanghai and a subsidiary in Singapore.

"I am excited about the prospects of working together with Oxford Investments and its FocusKard suite of payment solutions," stated Mr. Lee. "I believe the timing for this project could not be better. With my extensive knowledge of electronic payment and credit card operations, I look forward to accomplishing great success with the FocusKard suite."

"Our Joint Venture with the Ko Ho Group and Benny Lee will ensure the successful introduction of our FocusKard suite of payment solutions in China and South Asia," stated President of Oxford Investments Holdings, Michael Donaghy.

About Oxford Investments Holdings Inc.

Oxford Investments Holdings Inc. is now establishing itself as a leading online payment solutions Company. The Company is concentrating its business around its "FocusKard" suite of products. The FocusKard suite provides a comprehensive card payment solution meshed with a user-friendly ewallet for e-commerce businesses.

FORWARD LOOKING STATEMENTS DISCLAIMER:

Statements in this press release, which are not historical, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, legal risks associated with product liability and risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on suppliers, risks relating to international operations, risks associated with competition and other risks detailed in the Company's filings with securities regulatory authorities. These risks may cause results to differ materially from those projected in the forward-looking statements.

This release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be a sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification of such securities under the laws of any such jurisdiction. This press release was accurate at the time it was issued but may not reflect the Company's current strategy or product offerings.

Contact Information

  • Oxford Investments Holdings Inc.
    Michael Donaghy
    1-800-293-4871
    or
    Grinslade Investments
    Matthew Lewis
    Email: matt@oxsof.com
    Website: www.oxsof.com